Class Action Lawsuit Against Fluor Corporation: Deadline Approaching for Investors

Reminder: Class Action Lawsuit Against Fluor Corporation

In a significant development for investors of Fluor Corporation (NYSE: FLR), national plaintiffs' law firm Berger Montague PC has announced a class action lawsuit that impacts shareholders who purchased shares during the specified period from February 18, 2025, to July 31, 2025. As the clock ticks down, it is crucial for affected investors to act promptly, as the deadline to seek lead plaintiff status is set for November 14, 2025.

Background of the Lawsuit

Fluor Corporation, a renowned company based in Irving, Texas, has a global reach, offering essential services in engineering, procurement, and construction, as well as project management. The lawsuit has emerged amid allegations that Fluor misled investors regarding its financial forecasts and failed to disclose significant risks associated with major infrastructure projects. Specifically, claims have arisen regarding increasing costs related to critical projects such as Gordie Howe, I-635/LBJ, and I-35.

The issues include subcontractor design errors, hikes in material prices, and delays in schedules—factors that allegedly inflated project costs. Furthermore, the lawsuit points to concerns over reduced capital spending by clients and rising economic uncertainty that may have further adversely impacted the corporation's performance.

Financial Projections and Discrepancies

At the start of 2025, Fluor projected an adjusted EPS ranging between $2.25 and $2.75, alongside an EBITDA expectation of $575 million to $675 million. This guidance was restated as of May 2025, which heightened investor expectations. However, come August 1, 2025, FLR's disappointing second-quarter results sparked concern. The reported non-GAAP EPS was just $0.43—a staggering 23% short of estimates—and revenue fell to $3.98 billion, underperforming by $570 million and reflecting a 5.9% year-on-year decline.

The sudden downturn in performance and the adjustments in guidance implicated issues such as project delays and diminished client engagements. CEO James R. Breuer identified specific projects as primary contributors to the financial downturn during an earnings call, leading to a sharp decline in FLR's stock price by 27.04%, closing at $41.42.

Importance of Participating in the Class Action

For FLR investors concerned about these developments, the opportunity to join the class action allows individuals to seek justice and potential compensation for their losses incurred during the aforementioned period. Interested parties are encouraged to reach out to Berger Montague directly. Legal counsel from Andrew Abramowitz and Caitlin Adorni is available for inquiries regarding the lawsuit and individuals' rights.

As the deadline for participating in the class action approaches, affected investors must take action to ensure they receive the necessary representation. It is paramount to understand the implications of these allegations and how they could affect your investment in Fluor Corporation.

For further details on joining the case or understanding one's rights, the law firm provides contact numbers and emails to facilitate communication. Investors are urged to act before the November 14, 2025, deadline to secure their position in the class action against FLR.

About Berger Montague

Founded in 1970, Berger Montague specializes in securities class action litigation, offering representation to both individual and institutional investors. With multiple offices across the United States and a long history of success, the firm remains a beacon for those seeking legal recourse in corporate disputes.

For additional information or assistance on potential claims against Fluor Corporation, contact:

- Andrew Abramowitz: [email protected] (215) 875-3015
- Caitlin Adorni: [email protected] (267) 764-4865

This situation highlights the crucial nature of staying informed and proactive as an investor in today's ever-shifting market landscape.